Posted on 01/28/2015 6:14:36 AM PST by blam
Classic Hee Haw (I'll bet you thought I didn't know that). I've got quite a few classic Hee Haw DVD's. No one in my household seems to appreciate them except me. On the other hand, I never could get the humor in "Friends".
Nope...didn't lose anything, other than to inflation......not profiting is hardly the same as losing.
We took it in the a** on round one, and that was sufficient. "Fool me once", and all that other stuff.
Japan is already in recession, I believe Europe is very close. We saw yesterday the multinationals take a hit. Where is the growth going to come from? China? I think not.
Anyone who sat out the last six years on the doomers’ screeds lost heavily.
Hey I almost resemble that remark!
So far the markets are saying “so what”? If the end of QE didn’t tank the markets why will any other indicator? Look at the weekly chart for the DOW and it is still above long term support. What we have seen so far can be chalked up to a normal correction.
I am not saying this because I am advocating getting into the market. I’m just trying to assess reality and am thinking I need to reject all my former bias. Formerly I rejected momentum investing and believed in looking for value. You know, dumb things like PE ratios. But apparently I was wrong. PE ratios mean squat. There is some other dynamic I just don’t get moving these markets higher.
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